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:14. this morning, stockton could become the largest city in the u.s. to go bankrupt, but not everyone is happy with the financial decisions. our router is live in -- our reporter is live in sacramento where the hearing is set to get underway in just a couple of hours. good morning. >> reporter: good morning. the bankruptcy trial for stockton gets underway in two hours at the federal courthouse in sacramento. officials are very nervous because the judge is only giving them a small amount of time to present their case. city officials admitted they didn't manage their money properly when times were good. they akum dated about a billion dollars in debt. stockton will continue to negotiate with creditors. that trial gets underway at 9:30. city officials are confident they can do this. back to you. >>> britain's prince harry will visit -- visit the united states in may. he made headlines after being caught naked traveling around. he will be traveling from may 9th until the 15th. one of his scheduled stops includes a visit to new jersey to tour the damage from
of minutes. >>> 7:14. this morning, stockton could become the largest city in the u.s. to go bankrupt, but not everyone is happy with the financial decisions. our router is live in -- our reporter is live in sacramento where the hearing is set to get underway in just a couple of hours. good morning. >> reporter: good morning. the bankruptcy trial for stockton gets underway in two hours at the federal courthouse in sacramento. officials are very nervous because the judge is only giving them a small amount of time to present their case. city officials admitted they didn't manage their money properly when times were good. they akum dated about a billion dollars in debt. stockton will continue to negotiate with creditors. that trial gets underway at 9:30. city officials are confident they can do this. back to you. >>> britain's prince harry will visit -- visit the united states in may. he made headlines after being caught naked traveling around. he will be traveling from may 9th until the 15th. one of his scheduled stops includes a visit to new jersey to tour the damage from superstorm s
of psychiatric help. after talking with police the suspect surrendered. no one was hurt. and and stockton is poised to become the most populous city in the nation to enter bankruptcy when its trial begins today in federal court. creditors who lent stockton money are challenging its chapter 9 bankruptcy petition, but most observers say the city of 300,000 will be successful. its largest creditors are bond insurers who helped the city refinance pension debt. police in south san francisco are searching for a serial arsonist who started three fires in the city over the weekend. police said two fires were lit in orange park on memorial drive and a third was started near the 500 block of el camino real. fiske all three fires were quickly extinguished and caused little damage, police said. no suspect information was immediately available. police search for arsonist this weekend police said two fires were lit in orange park on immediately available. the san mateo county sheriff's office is warning rash of 'door-knock' burglaries that have occurred in residential neighborhoods around san according
service come august. i am ann rubin, ktvu channel 2 morning news. >>> the city of stockton goes to court and if they find they have done everything possible to pay its debts, they will become the largest to go bankrupt. they plan to say that the city has not done enough to cut spending but stockton faces another million dollar shortfall on july 1st. >>> two men died in a sky diving accident and in zephyr hills, the men did not deploy their parachutes. the student and teacher were jumping separately and the backup parachutes did not have enough time to deflate. this do this every year with sky diving. >>> they went up in flames last night while he was on the court in san jose and the third round of the ncaa tournament. michael carter williams' family was watching the game in the family home north of boston. nobody was hurt and investigators believe the fire started in a wood stove outside. later williams used twitter to update everybody and thanked everybody for prayers and said all that is important is that my family is okay. >>> take a look at this, a couple rescued from a car on top of
this morning. stockton faces a four day fight over whether it can remain under federal bankruptcy protection. the city hopes to avoid claims in state court that will force it to pay more than $300 million in debts. they suffered the sharpest richest to rags swings when the mortgage bubble burst. the city has slashed tens of millions in services and programs but has drawn a line on cutting pensions or retiree benefits. they help to force creditors to settle for a fraction of what they are owed. >> about 5:54 on this monday. is there a chance of rain? we will check with our meteorologist. lisa? >> we do not is a great chance. it looks like we are getting cooler conditions, but rain? you know...it is really looking like, again, pushing back toward the end of the work week. starting out with some fog in the not bay, at half moon bay, and novato and santa rosa, and a mile in napa but everyone else, it is a warmer start. this afternoon we are talking about cooler. it will be gusty at times. upper 50's in san francisco. 65 in oakland. 68 in morgan hill. a few extra clouds if you want the warmth, so
Search Results 0 to 4 of about 5